Do not think raising interest rates would help in the pandemic disruption supply side issues that are the cause of this. https://twitter.com/M_C_Klein/status/1

Do not think raising interest rates would help in the pandemic disruption supply side issues that are the cause of this. https://twitter.com/M_C_Klein/status/1480538926398029824 https://twitter.com/M_C_Klein/status/1480538926398029824 consumer spending is down, this flat-out rules out "too much money chasing too little goods" as the root cause, for surely then sellers would lower prices to sell enough more more volume to raise back consumer spending and increase total profit.